Litigation Funding in Houston: Simplified Process
Efficient Capital Access for Litigation Support
Virage Capital Management LP offers a simple, straightforward, and relatively fast litigation funding process. Following the receipt of all due diligence items from potential borrowers, Virage has a target closing of three weeks or less.
Step-by-Step Guide to Obtaining Litigation Financing:
- Conduct initial intake call
- Sign mutual non-disclosure agreement (NDA)
- Submit application for financing, along with supporting documents
- Receive term sheet
- Complete due diligence
- Obtain approval
- Closing
- Post-closing process
Understanding the Benefits of Litigation Funding
Litigation funding is not just about securing financial support; it's a strategic tool that can significantly enhance your legal strategy. By alleviating the financial burden associated with lengthy legal battles, you can focus on building a strong case rather than worrying about immediate costs. At Virage Capital Management LP, we empower clients with the resources they need to pursue justice without compromise.
Here are some key advantages of utilizing litigation funding:
- Access to Justice: Ensure that you can pursue your case without being hindered by financial constraints.
- Risk Mitigation: Shift the financial risk of litigation to the funding provider, allowing you to focus on winning your case.
- Flexible Funding Options: Tailored funding solutions that align with your specific case needs and timelines.
- No Upfront Costs: You only repay the funding if you win your case, making it a low-risk option for plaintiffs.
- Enhanced Negotiation Power: With financial backing, you can negotiate from a position of strength, potentially leading to better settlement outcomes.
Our team at Virage Capital Management LP is dedicated to providing personalized support throughout the funding process. We understand that every case is unique and are here to guide you every step of the way. Contact us today to learn how litigation funding can transform your legal journey.
Competitive Financing Terms for Legal Support
The goal at Virage is to offer business-friendly litigation funding solutions to borrowers. As such, Virage generally offers more favorable terms than traditional banks and lenders. With Virage, there are no prepayment fees — ever.
Virage also offers flexible repayment waterfalls and a one-time origination fee for the loan amount/new advances, as well as no mandatory debt servicing and no quarterly or annual interim/maintenance fees. Virage has deployed over $1.1 billion to its borrowers, and it offers funding in amounts starting from $250,000 and up to amounts in the multi-millions.
Get Started with Your Litigation Funding Today
Virage considers the “true cost of money,” such as interest rates, access to funds, fees, and other factors when providing funding solutions to borrowers. Through a sustainable business model and numerous loyal borrowers and repeat business, Virage has become a trusted lender in its space.
Contact Virage Capital Management at (713) 714-5355 to learn more about how we can help you with the funding process today.
